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Vials of medicine prescribed for a 16-year-old boy recovering from a liver transplant arrived in the mail from a national pharmacy chain. The shots were painful and didn't seem to work. But Tim continued to take the medication, unaware it contained only 5 percent of the active ingredient. "You think you're out of the woods and you get hit again," said the boy, whose family has asked that their last name not be used to protect their privacy. "It was horrible." Tim, who lives on Long Island, is the face of an alarming national scandal. The U.S. pharmaceutical supply, long considered the safest in the world, has become tainted with fake, expired, stolen and...

Related "Amgen Inc." Articles

Vials of medicine prescribed for a 16-year-old boy recovering from a liver transplant arrived in the mail from a national pharmacy chain.
The shots were painful and didn't seem to work. But Tim continued to take the medication, unaware it contained...

If golf star Phil Mickelson is concerned by a federal probe into possible insider trading involving him, billionaire investor Carl Icahn and Las Vegas gambler William Walters, he did not show it on Saturday. As he hit a few practice balls before his round...

Biotech giant Amgen Inc. said a preliminary analysis of its prized blood cancer drug showed patients who took it fared better than those using the standard treatment.
The Thousand Oaks company said that patients with relapsed multiple myeloma who took...

Biotech giant Amgen Inc. said it would lay off up to 2,900 employees and close facilities in Washington state and Colorado, as the Thousand Oaks company moved to reign in expenses and focus on new drugs.
Those cuts could amount to nearly 15% of its...

Biotech giant Amgen Inc. said it would cut up to 2,900 employees and close facilities in Washington state and Colorado as the Thousand Oaks company moved to rein in costs and focus on new drugs.
The company said the cuts, which would hit nearly 15% of...

Amgen shares jumped to an all-time high Wednesday morning, a day after the biotech giant announced a restructuring plan that includes up to 2,900 job cuts.
Investors welcomed the move. At one point, Amgen's stock reached a record high of $131.24,...

U.S. regulators are likely to approve Merck & Co's highly anticipated immuno-oncology drug, pembrolizumab, as a treatment for melanoma well ahead of a late October deadline, according to three sources familiar with the situation. If approved by the...

Miramax Chairman Richard Nanula has taken a leave of absence from the Santa Monica independent film studio and from its co-owner Colony Capital, where he is also a principal.
The disclosure of Nanula's departure Wednesday came after two websites recently...

Bonnie Addario didn't even know there was a word for what was happening to her. As if lung cancer weren't bad enough, the 54-year-old had lost 30 pounds off her normally 130-pound frame. Her life was limited to her husband's Barcalounger, where she had to...

A growth factor used in clinical experiments to rescue dying brain cells in Parkinson patients may cause unwanted weight loss if delivered to specific areas of the brain, according to University of Florida researchers in the March online edition of...